Comment & Analysis
Inflation to slow by end-2023, asset inflows from ultra-wealthy persons not driving up costs: MAS
By the end of the year, prices of domestic goods and services will rise at a slower pace than previously expected, said the Monetary Authority of Singapore (MAS) chief Ravi Menon on Wednesday (July 5), while debunking the myth that an inflow of assets from ultra-wealthy persons has been driving…
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